Nex Point Balance Sheet Health
Financial Health criteria checks 6/6
Nex Point has a total shareholder equity of THB4.3B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB11.0B and THB6.7B respectively. Nex Point's EBIT is THB519.7M making its interest coverage ratio -33.3. It has cash and short-term investments of THB712.2M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -33.3x |
Cash | ฿712.25m |
Equity | ฿4.35b |
Total liabilities | ฿6.68b |
Total assets | ฿11.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEX's short term assets (THB7.8B) exceed its short term liabilities (THB6.1B).
Long Term Liabilities: NEX's short term assets (THB7.8B) exceed its long term liabilities (THB578.4M).
Debt to Equity History and Analysis
Debt Level: NEX is debt free.
Reducing Debt: NEX has no debt compared to 5 years ago when its debt to equity ratio was 23.2%.
Debt Coverage: NEX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NEX has no debt, therefore coverage of interest payments is not a concern.